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Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
 Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year period is unprecedented in IEA records, which go back as far as 1971, said IEA in its latest Coal 2020 report.
IEA report furhter noted that, Based on the assumption of a global economic recovery in 2021, we expect both electricity demand and industrial output to increase. As a result, we forecast a rebound in global coal demand of 2.6%, led by China, India and Southeast Asia. Higher natural gas prices and electricity demand are set to slow the structural decline of coal use in the European Union and the United States, which both might see their coal consumption grow for the first time in nearly a decade.
According to IEA, by 2025, global coal demand is forecast to flatten out at around 7.4 billion tonnes. Trends are expected to vary by region over the next five years. In Europe and North America, coal continues its decline after a temporary uptick in 2021. Given that the combined coal consumption of the European Union and the United States now represents around 10% of global coal use, further declines in those markets will have a limited effect at a global level. In China, coal demand is reaching a plateau, although our 2025 forecast will need to be reviewed following the release of the Chinese government’s 14th Five-Year Plan. China’s pledge of reaching carbon neutrality before 2060 requires a long-term roadmap to enable the smooth transition of an economy which consumes 4 billion tonnes of coal each year.
India and some other countries in South and Southeast Asia are forecast to increase coal use through 2025 as industrial production expands and new coal-fired capacity is built. In India, however, the demand outlook to 2025 is considerably lower than it was a year ago as a result of the pandemic. By 2025, ASEAN will become the third-largest coal-consuming region, surpassing the United States and the European Union.
In 2020, some countries made pledges that involve reducing coal use in the coming years (Korea, Japan), downsizing planned coal expansion (Viet Nam, Bangladesh, Philippines), and cancelling plans for coal development (Egypt).
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Saturday, 27 February 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES DOWN - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 27 February 21
FITCH RATINGS REVISES GLOBAL METALS AND MINING PRICE ASSUMPTIONS
Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will benefit in the short term from return ...
Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing int ...
Thursday, 25 February 21
ARE WE ON THE CUSP OF ANOTHER MINING SUPER-CYCLE? - WOOD MACKENZIE
As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activit ...
Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...
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- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Australian Coal Association
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- The University of Queensland
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- PTC India Limited - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
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